Review the information below: Cash balance per bank is $7,338. Bank service charge $40 Cash balance per book is $7,374 Deposits in transit $2,710 EFT $2,026 Outstanding checks $688 What is the adjusted balance for bank and books after reconciliation? $10,050 $10,048 $9,360 $9,400

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Review the information below:
Cash balance per bank is $7,338.
Bank service charge $40
Cash balance per book is $7,374
Deposits in transit $2,710
EFT $2,026
Outstanding checks $688
What is the adjusted balance for bank and books after reconciliation?
$10,050
$10,048
$9,360
$9,400
Transcribed Image Text:Review the information below: Cash balance per bank is $7,338. Bank service charge $40 Cash balance per book is $7,374 Deposits in transit $2,710 EFT $2,026 Outstanding checks $688 What is the adjusted balance for bank and books after reconciliation? $10,050 $10,048 $9,360 $9,400
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